As of June 6, 2025, Bitcoin (BTC) is trading at approximately $103,118 USD, reflecting a slight decline of about 1.4% over the past 24 hours.
This recent dip follows a broader market correction, with Bitcoin pulling back from its May 22 all-time high of $111,891.30. Analysts suggest that the downturn is influenced by bearish technical signals, including a break below key support levels and negative momentum indicators.
Despite the short-term volatility, some experts remain optimistic about Bitcoin's long-term prospects. Factors such as institutional adoption and macroeconomic trends could drive future growth.
